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Gold/Mining/Energy : Canadian Oil & Gas Companies -- Ignore unavailable to you. Want to Upgrade?


To: Demetre Deliyanakis who wrote (5343)8/24/1998 10:19:00 PM
From: Doug  Read Replies (1) | Respond to of 24899
 
D.D/TLM :

Your observations on TLM are interesting. As for oil price, a sustained reversal is unlikely before Y2k because

a: China is in oversupply mode.
b: Russia & the Eastern Countries will sell Oil at any price as they are desperate.
c: Iraq has a need to exceed quota.
d: S.America is also nearing dollar desperation.

I know this is pessimistic but that is the picture as it comes across the screen.